News Archives - Page 173 of 310

WednesdayJun 05, 2019 12:24 pm

CannabisNewsBreaks – HempFusion Progressing with $30M Funding Initiative

On Tuesday, HempFusion, a leading U.S. hemp-based CBD company with distribution to over 3,400 retailers and an expanding product catalog, announced its engagement of RADD Capital, a partner of NetworkNewsWire, for advisory services related to its 2019 private funding initiative of more than $30 million. HempFusion co-founder and President Jason Mitchell noted in the release that the capital raised through the initiative is expected to be “a key building block to (HempFusion’s) planned growth and help accelerate (its) expansion throughout the United States and global markets including Europe, Asia, Australia, Canada, the Middle East and South America.” HempFusion is currently…

WednesdayJun 05, 2019 12:02 pm

CannabisNewsBreaks – MjMicro Conference to Kick Off With Key Sessions to Stir Industry Buzz

MjMicro Conference (www.MjMicro.com) will kick off at the Westin Grand Central in New York City on June 25, 2019, with key sessions to stir cannabis industry excitement. The initial lineup for the event will feature keynote presentations by Canopy Growth Corp., Sadis Goldberg, Acreage Holdings Inc. and Virdian Capital Advisors. “MjMicro will kick off with very intentional and specific sessions prior to the core corporate presentations from 21 exciting publicly traded opportunities,” George Jage, president and COO of MjLink.com and producer of MjMicro, stated in a news release. “When designing a well-run conference, it is key to include content that…

WednesdayJun 05, 2019 10:04 am

CannabisNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Official Move-In Date for Denver Production Facility

Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning announced June 10, 2019, as the official date that the company will move into its new 25,000-square-foot production facility in Denver, Colorado. According to the update, a new financing agreement is funding equipment to outfit the facility, and the company anticipates a five-fold increase in total production levels in the first three months following delivery and installation. “We are excited to get into the new facility, get organized, and ramp up operations,” DVLP CEO Stavros Triant stated in the news release. “This…

TuesdayJun 04, 2019 11:55 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Chief Science Officer Featured in Investorideas.com Interview

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced that its Chief Science Officer Dr. Arup Sen was featured in an interview in a special edition of Investorideas.com potcasts. Investorideas.com is a global news source covering leading sectors including cannabis. In the interview, Dr. Sen discusses Sproutly's recent developments and the company’s approach in the Canadian cannabis beverages market expected to open up this fall. “We will be pretty much standing alone in the field of making beverages that will include natural chemicals in their natural state from cannabis and hemp plants,” Sproutly CSO Dr. Arup Sen said…

TuesdayJun 04, 2019 11:01 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Expands MSO Presence Through Agreement to Acquire Spring Oaks

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it has entered an arm's length definitive agreement to acquire all of the issued and outstanding shares of capital stock of Spring Oaks Greenhouses, Inc. Per the update, Spring Oaks holds a medical marijuana dispensary license, received in April 2019, and authorization to operate as a Medical Marijuana Treatment Center in the state of Florida. Under the license, Spring Oaks is authorized to initiate production, processing and dispensing of medical marijuana and marijuana products. In addition, the medical marijuana dispensary license grants the right, but not the…

TuesdayJun 04, 2019 10:49 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Present Live at VirtualInvestorConferences.com on June 4

Innovative Properties Inc. d/b/a Nabis Holdings (CSE:NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced that its CEO and Director Shay Shnet and President Mark Krytiuk will present live at the VirtualInvestorConferences.com at 3:00 PM ET on Tuesday, June 4, 2019. The live, interactive event will allow investors to ask the company questions in real-time. It is recommended that investors pre-register at http://cnw.fm/vt1zH and run the online system check to expedite participation and receive event updates. An archived webcast will be available after the…

TuesdayJun 04, 2019 9:42 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files Patents for New DehydraTECH Innovation

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that it has identified improved performance features of a new version of the DehydraTECH(TM) delivery platform primarily suitable for use in solid oral dosage forms like capsules, tablets and pills for the pharmaceutical, medical, and supplement markets. The company’s groundbreaking use of a naturally sourced formulation enhancement more than doubles DehydraTECH's absorption performance compared to prior results. During the company’s animal study, Lexaria tested its DehydraTECH delivery technology with compounds postulated to behave in a synergistic fashion for enhancement of gastro-intestinal absorption, which resulted…

MondayJun 03, 2019 12:39 pm

CannabisNewsBreaks – Imaging3, Inc. (IGNG) Provides Update on Reverse Acquisition by Grapefruit Boulevard Investments

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, recently provided further updates regarding its reverse acquisition by Grapefruit Boulevard Investments, Inc. (“GBI”), a Los Angeles-based privately held cannabis company, and simultaneous vending of its imaging business into a privately held corporation, which will be partially owned by post-acquisition IGNG. Per the update, the California Bureau of Cannabis Control approved Grapefruit, on May 14, 2019, for its provisional Adult-Use and Medicinal Cannabis Distribution Licensure after meeting state mandated compliance requirements. “Grapefruit has effectively moved from temporary licensure passing yet another…

MondayJun 03, 2019 12:29 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Participation at Select June Conferences

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select conferences throughout the month of June. The company’s President and Founder John Fowler, General Counsel Sony Gokhale and VP of Sales Craig Young will participate in panel discussions at the Lift&Co. Toronto Expo in Toronto, Ontario on June 6, 7 and 8, 2019. In addition, 7ACRES will showcase at Expo Consumer Weekend, booth 1115, on June 8, 2019. John Fowler will also participate in a panel discussion at World Cannabis Congress in Saint John, New Brunswick on June 17, 2019, as well as present…

MondayJun 03, 2019 11:42 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Achieves 78% Sales Growth in Q3

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that its third quarter sales were up to $2.5 million, reflecting a 78% increase over the second quarter. According to the update, Wildflower sales have increased every quarter since the company began selling its popular line of hemp CBD products. In addition, Wildflower reported City Cannabis Corp’s financial results for the quarter ending March 31, 2019, and expects to close the City Cannabis acquisition before the end of June. “We are pleased with the financial results of both Wildflower and City Cannabis,” Wildflower CEO William MacLean said in the news release. “Sales…

News and publishing service for cannabis related companies

Contact us: 512.354.7000

Breaks Categories: News